Shares of International Flavors & Fragrances Inc. (NYS:IFF) rallied 2.87% to $136.40 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index (S&P:SPX) falling 1.81% to 4,504.08 and Dow Jones Industrial Average (DOW:DJIA) falling 1.47% to 35,241.59. This was the stock's fourth consecutive day of gains. International Flavors & Fragrances Inc. closed $20.68 short of its 52-week high ($157.08), which the company reached on August 11th.
The stock outperformed some of its competitors Thursday, as Procter & Gamble Co. (NYS:PG) fell 1.52% to $157.17, L'Oreal S.A. ADR (OTC:LRLCY) fell 4.29% to $82.67, and Estee Lauder Cos. Cl A (NYS:EL) fell 1.38% to $315.61. Trading volume (3.6 M) eclipsed its 50-day average volume of 1.5 M.